PT Wintermar Offshore Marine Tbk (ISX:WINS) Cyclically Adjusted FCF per Share: Rp25.26 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:WINS PT Wintermar Offshore Marine Tbk ISX:WINS
79 GF Score
Price Rp535.00
GF Value Rp558.97
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is PT Wintermar Offshore Marine Tbk Cyclically Adjusted FCF per Share?

PT Wintermar Offshore Marine Tbk ISX:WINS 79 Cyclically Adjusted FCF per Share is Rp25.26 as of Mar. 2026. GuruFocus rates ISX:WINS with a GF Score™ of 79/100 and a GF Value™ of Rp558.97 (Fairly Valued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

PT Wintermar Offshore Marine Tbk's adjusted free cash flow per share for the three months ended in Mar. 2026 was Rp15.034. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is Rp25.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT Wintermar Offshore Marine Tbk's average Cyclically Adjusted FCF Growth Rate was -12.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 155.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of PT Wintermar Offshore Marine Tbk was 807.30% per year. The lowest was -2.50% per year. And the median was 22.10% per year.

As of today (2026-07-17), PT Wintermar Offshore Marine Tbk's current stock price is Rp535.00. PT Wintermar Offshore Marine Tbk's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was Rp25.26. PT Wintermar Offshore Marine Tbk's Cyclically Adjusted Price-to-FCF of today is 21.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Wintermar Offshore Marine Tbk was 2181.19. The lowest was 7.49. And the median was 12.72.


PT Wintermar Offshore Marine Tbk  (ISX:WINS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

PT Wintermar Offshore Marine Tbk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=535.00/25.26
=21.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PT Wintermar Offshore Marine Tbk was 2181.19. The lowest was 7.49. And the median was 12.72.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


PT Wintermar Offshore Marine Tbk Cyclically Adjusted FCF per Share Related Terms


PT Wintermar Offshore Marine Tbk Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for PT Wintermar Offshore Marine Tbk's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Wintermar Offshore Marine Tbk Cyclically Adjusted FCF per Share Chart

PT Wintermar Offshore Marine Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.45 24.25 37.34 31.75 22.45

PT Wintermar Offshore Marine Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.70 24.89 26.75 22.45 25.26

PT Wintermar Offshore Marine Tbk Cyclically Adjusted FCF per Share Competitor Comparison

For the Marine Shipping subindustry, PT Wintermar Offshore Marine Tbk's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Wintermar Offshore Marine Tbk Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, PT Wintermar Offshore Marine Tbk's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PT Wintermar Offshore Marine Tbk's Cyclically Adjusted Price-to-FCF falls into.


ISX:WINS
79GF Score
PT Wintermar Offshore Marine Tbk ISX:WINS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Wintermar Offshore Marine Tbk Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, PT Wintermar Offshore Marine Tbk's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=15.034/136.5387*136.5387
=15.034

Current CPI (Mar. 2026) = 136.5387.

PT Wintermar Offshore Marine Tbk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 20.560 103.212 27.199
201609 33.674 104.142 44.149
201612 41.514 105.222 53.870
201703 13.921 106.476 17.852
201706 -5.825 107.722 -7.383
201709 9.596 108.020 12.129
201712 25.283 109.017 31.666
201803 15.935 110.097 19.762
201806 10.086 111.085 12.397
201809 10.438 111.135 12.824
201812 6.436 112.430 7.816
201903 7.299 112.829 8.833
201906 -3.886 114.730 -4.625
201909 -1.240 114.905 -1.473
201912 0.198 115.486 0.234
202003 1.492 116.252 1.752
202006 12.890 116.630 15.090
202009 3.779 116.397 4.433
202012 -1.528 117.318 -1.778
202103 14.243 117.840 16.503
202106 0.006 118.184 0.007
202109 -2.185 118.262 -2.523
202112 -1.534 119.516 -1.752
202203 -20.437 120.948 -23.071
202206 3.710 123.322 4.108
202209 10.281 125.298 11.203
202212 -1.862 126.098 -2.016
202303 17.485 126.953 18.805
202306 1.827 127.663 1.954
202309 0.707 128.151 0.753
202312 10.804 129.395 11.400
202403 15.813 130.607 16.531
202406 -42.332 130.792 -44.192
202409 -18.847 130.361 -19.740
202412 -2.965 131.432 -3.080
202503 4.887 131.948 5.057
202506 -23.182 133.241 -23.756
202509 -16.115 133.819 -16.443
202512 32.780 135.271 33.087
202603 15.034 136.539 15.034

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of Rp25.26 mean?
PT Wintermar Offshore Marine Tbk (ISX:WINS) has a Cyclically Adjusted FCF per Share of Rp25.26 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PT Wintermar Offshore Marine Tbk and its competitors.
Is PT Wintermar Offshore Marine Tbk's Cyclically Adjusted FCF per Share too high?
PT Wintermar Offshore Marine Tbk's current Cyclically Adjusted FCF per Share is Rp25.26. Overall, PT Wintermar Offshore Marine Tbk has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Wintermar Offshore Marine Tbk's Cyclically Adjusted FCF per Share compare to competitors?
PT Wintermar Offshore Marine Tbk's Cyclically Adjusted FCF per Share of Rp25.26 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on PT Wintermar Offshore Marine Tbk and its competitors. PT Wintermar Offshore Marine Tbk's current Cyclically Adjusted FCF per Share is Rp25.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Wintermar Offshore Marine Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Wintermar Offshore Marine Tbk (ISX:WINS) is currently considered Fairly Valued. The stock's GF Value™ is Rp558.97, compared to a current price of Rp535.00 — trading 4.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is Rp25.26. PT Wintermar Offshore Marine Tbk's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For PT Wintermar Offshore Marine Tbk (ISX:WINS), the current Cyclically Adjusted FCF per Share is Rp25.26 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Wintermar Offshore Marine Tbk (ISX:WINS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Wintermar Offshore Marine Tbk stock appears to be undervalued. The current stock price of Rp535.00 is trading 4.3% below its estimated GF Value™ of Rp558.97. GuruFocus considers PT Wintermar Offshore Marine Tbk to be Fairly Valued.

Key valuation signals for ISX:WINS:

  • Cyclically Adjusted FCF per Share: Rp25.26
  • GF Value™: Rp558.97 vs. price of Rp535.00 (4.3% below fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the ISX:WINS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Wintermar Offshore Marine Tbk Business Description

Other Exchanges W6O:Germany
Address Jalan Kebayoran Lama No. 155, Kota Jakarta Barat, Daerah Khusus Ibukota Jakarta, Jakarta, IDN, 11560
PT Wintermar Offshore Marine Tbk is a shipping company focused on providing offshore support vessels for the oil and gas industry. The company offers various services such as cargo supply to drillship and rig, anchor handling, offshore windfarm installation, cable laying support, air diving support, chartering and ship management, terminal tug services, etc. It owns and operates various types of vessels, such as platform supply vessels, anchor-handling tug supply vessels, oil barges, oil tankers, tugboats, etc. The company's operating segments are Owned Vessels, which derive maximum revenue, Chartered Vessels, and other Services. Geographically, it operates across Brunei, Taiwan, Vietnam, Australia, Indonesia, Singapore, Malaysia, Saudi Arabia, the UAE, India, Thailand, and other regions.
79GF Score

Get the complete analysis for ISX:WINS

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp535.00
Price
Rp558.97
GF Value